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+1.24%
Close of 9 Nov 2026, in USD
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About Innovative Eyewear
From its filings with the US Securities and Exchange Commission
Innovative Eyewear is based in Miami, Florida and is incorporated in Florida. Its shares trade on Nasdaq under the ticker LUCY. The SEC classifies its business as ophthalmic goods. In the fiscal year to 31 December 2025, it reported revenue of $2.7m and a net loss of $7.6m. At that date it held total assets of $10.1m and shareholders' equity of $9.1m.
We develop and sell cutting-edge smart eyewear – including prescription eyeglasses, ready-to-wear sunglasses, safety glasses, and sport glasses – that is designed to allow our customers to remain connected to their digital lives.
Founded and headquartered in Miami, Florida, we were initially organized as a Florida limited liability company effective August 15, 2019. On March 26, 2020, we converted from a Florida limited liability company into a Florida corporation.
We were founded by Lucyd Ltd., the inventor of the technology that our products are based upon, which is a portfolio company of Tekcapital Europe Ltd. (“Tekcapital”). Tekcapital is a U.K. based university intellectual property accelerator which builds portfolio companies around new technologies.
Our smart eyewear products enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform many common smartphone tasks hands-free. Since the official launch of our first commercial product, our goal has been to create smart eyewear for all-day wear that looks like and is priced similarly to designer eyewear, but is also lightweight and comfortable, and enables the wearer to remain connected to their digital lives. Through our various product offerings as described below, we have created a smart upgrade for all four of the major types of eyewear: prescription eyeglasses, ready-to-wear sunglasses, safety glasses, and sport glasses.
Quoted from its 10-K, filed 25 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Health Care Equipment & Supplies
- Listed since
- 12 Aug 2022
- Employees
- 9
- Website
- lucyd.co ↗
- Head office
- 11900 BISCAYNE BLVD, MIAMI, FL, 33181
- Incorporated in
- FL
- Classification
- Ophthalmic Goods
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Mr. Harrison GrossChief Executive Officer, Director, since 2019$527,410
- Mr. Oswald GayleChief Financial Officer$349,976
- Mr. David CohenChief Technology Officer$414,488
- Mr. Konrad DabrowskiChief AI and Growth Officer, since 2017$412,240
- Ms. Olivia BartlettIndependent Director$10,000
- Mr. Louis CastroIndependent Director$40,500
- Ms. Kristen MclaughlinIndependent Director$60,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Innovative Eyewear Inc employs 9 full-time employees in North Miami, Florida.
- Lucyd Lyte is a flagship product enabling hands-free smartphone tasks via voice assistants.
- The company sells through e-commerce and marketplaces like Amazon and Bestbuy.com.
Weaknesses
- The company has a small workforce of 9 employees in North Miami.
- Manufacturing occurs in Asia, increasing supply chain complexity.
- Wholesale pricing offers volume discounts but may reduce profit margins.
Opportunities
- Expanding into independent eyewear stores presents a new sales channel opportunity.
- The growing market for prescription eyewear and sun protection offers growth potential.
- Lucyd Lyte's hands-free features could attract more tech-savvy consumers.
Threats
- Manufacturing in Asia poses supply chain risks and potential delays.
- Competition from established eyewear brands on Amazon and Bestbuy.com is intense.
- The small workforce of 9 employees may limit scalability during rapid growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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